Britain and America are drowning in debt

Here is a truly terrifying video, produced by some heroic US organisations: Heritage, Americans for Propserity and Reason TV.

Now here's the really bad news. Gordon Brown is spending more, per capita, than Barack Obama. Obama, as his conservative critics are quick to point out, will borrow more during his presidency than all 43 of his predecessors. But Gordon Brown will borrow more in the next two years than in the whole history of our national debt, since it was instituted in 1693.